BEL/USDT Bullish Momentum ?? Bella Protocol Analysis TodayYello Paradisers, tune in!
💎 BEL has recently faced rejection at the resistance trendline and is currently retesting the demand zone, aiming for a bounce-back and another shot at breaking the resistance.
💎 The demand zone appears to be a robust area that has historically prevented BEL from dipping further. Multiple rejections and strong bounces have been observed whenever the price hit this zone. BEL is currently consolidating within a range of $0.45 to $0.93.
💎 The $0.45 mark serves as a significant demand area, while $0.93 acts as a bearish Order Block or a strong supply zone. Should BEL successfully break out of its current pattern, it has the potential to soar towards the $0.93 supply area.
Keep your charts refreshed and stay tuned for more insights! 🌴